Toyota is struggling with its shift to electric vehicles, and it is reportedly considering major changes in its EV plans driven by Tesla’s manufacturing strategy.
Toyota has continued to be highly critical of going all-in in battery-electric vehicles despite announcing its own plan last year to bring 30 battery EV models to market by 2030. The plan is only a year old, at least publicly, and yet, Toyota is reportedly considering a major overhaul of its EV plan.
Toyota has been seen as a leader in manufacturing in the auto industry. While Tesla’s manufacturing has been criticized in the past, in the EV shift, there’s no denying that the company is emerging as a leader.